The flagship pack of Xiaopeng Motors in Shanghai, China, on Feb. 18, 2025.
CFOTO/Age Publishing by means of Getty Pictures
Chinese language electrical automotive corporate Xpeng delivered greater than 30,000 automobiles for a fourth-straight future in February, as its mass-market logo helped the corporate rise out in an in a different way tepid marketplace.
Xpeng delivered 30,453 automobiles ultimate future, together with greater than 15,000 devices of its lower-priced Mona automobile, the company said over the weekend.
Deliveries of the Mona M03, which come with a ordinary driver-assist gadget, have crowned 15,000 a future since December, in keeping with corporate figures. Xpeng additionally stated sturdy call for for driver-assist propelled deliveries of its P7+ electric sedan to greater than 30,000 lower than 3 months since its creation in November.
Having a look forward, Xpeng’s deliberate brandnew automobiles additionally give the corporate “a good chance to extend its solid delivery momentum,” Nomura analysts stated in a Sunday observe.
The January to February duration has a tendency to be seasonally cushy for Chinese language automotive gross sales because it coincides with the week-long Lunar Brandnew Pace, the rustic’s largest vacation of the presen. The native auto marketplace residue extremely aggressive as conventional automakers and brandnew entrants have in a bind to shorten costs and creation automobiles with brandnew tech options.
Chinese language smartphone corporate Xiaomi delivered greater than 20,000 electrical automobiles for a 5th symmetrical future in February. The corporate ultimate year slashed the founding worth of its luxurious electrical sedan, the SU7 Extremely, to 529,900 yuan ($72,750), unwell from 814,900 yuan ($111,878).
The SU7’s “new order situation is even better than actual sales,“ Nomura analysts said, citing its own industry survey. That means the only challenge for Xiaomi is its ability to produce enough cars, the analysts said.
Figures on Tesla‘s China deliveries are typically released around the middle of the month.
Industry giant BYD reported 318,233 new energy vehicle passenger car sales in February, up slightly from the prior month. The company last month announced it was rolling out driver-assist across a range of its cars and integrating artificial intelligence from DeepSeek.
Geely-owned Zeekr delivered 14,039 units in February, up from the 11,942 delivered the previous month, according to company figures.
EV brands that struggled in February
However, deliveries of several other major Chinese electric car brands declined over that time.
Li Auto deliveries fell to 26,263 units last month, from 29,927 in January, according to the company. Its premium-priced vehicles have been popular with Chinese consumers since they come with a fuel tank for extending the battery’s driving range. Last month, Li Auto revealed the exterior design of its first fully battery-electric SUV.
Nio deliveries dropped to 13,192 units in February, down from 13,863 the month before. The company announced a five-year, 0% interest plan on Feb. 1 in a bid to boost sales.
Aito, the Seres-owned logo that makes use of Huawei era, reported its lowest deliveries in a presen, at 21,517 devices in February, in keeping with CNBC research of publicly to be had figures.
